Residential Buy-to-let Mortgage

If you would like to grow your capital and rental income, then our Residential Buy-to-let Mortgage could suit you. Property can be a big cost for many businesses so it is important to manage that investment wisely.

Our Residential Buy-to-let Mortgage is suitable for any individual or business that derives its main source of income from the sector and owns property let for residential occupation, multiple occupation and student lets.

Features and benefits

Apply for a minimum of £25,001 and choose a loan term from three to 25 years.

Borrow up to 70% of the property value and in some cases we can lend more.

Choose between a Bank of England bank rate linked or fixed interest rate*.

Capital repayment holidays may be available.

If you wish to borrow on other terms we may still be able to help you.

For loan amounts over £1m, a part amortising option may be available.

You also need to know that:

A Residential Buy-to-let Mortgage is a secured business loan.

An arrangement fee, as well as security and valuation fees will apply.

For interest only mortgages, the actual amount borrowed doesn't reduce during the life of the mortgage. You’ll need to repay the full capital amount at the end of the mortgage term.

If you repay part, or all, of your fixed rate mortgage before the end of the agreed term then you may need to pay an early repayment fee. This could be substantial depending on the interest rate at the time. This fee does not apply to bank rate linked loans.

We will require a first legal charge over the property as security. This means if you’re remortgaging an existing property, you must repay any loan secured on it before completion.

ANY PROPERTY GIVEN AS SECURITY, WHICH MAY INCLUDE YOUR HOME, MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR OTHER DEBTS SECURED ON IT.

All lending is subject to a satisfactory credit assessment and we will need your permission to carry out a credit check on you and your business.

You should not apply for an amount that you cannot comfortably afford to repay now and in the future to avoid the possibility of legal action.

* There is always a possibility that interest rates may go down, leaving a fixed rate loan at a higher level compared to a variable rate loan. However, if interest rates rise, a fixed rate loan will remain at the same level.

Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS). Please note that due to FSCS and FOS eligibility criteria not all business customers will be covered.

Calls may be monitored or recorded in case we need to check we have carried out your instructions correctly and to help improve our quality of service.

The products and services outlined on this site may be offered by legal entities from across Lloyds Banking Group, including Lloyds Bank plc and Lloyds Bank Corporate Markets plc. Lloyds Bank plc and Lloyds Bank Corporate Markets plc are separate legal entities within the Lloyds Banking Group.